Indiana Hits Historic High November Sports Betting Results

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In November, there was more sports betting activity in Indiana than ever before. The state saw players wagering a total of $513.7 million, surpassing the previous highest record of $500.1 million, which was set in January 2022.

This impressive figure not only exceeded the former record by 2.7% but also showed significant growth compared to the $452.3 million wagered in November 2021 and the $429.7 million in October of the same year.

Related: Indiana Gaming Legislation Stalled in Wake of Eberhart’s Corruption Confession

NBA Boosts Indiana Betting

The rise in sports betting was largely driven by the start of the new NBA season in late October, with basketball attracting the most bets totalling $145.7 million. Meanwhile, American football wasn’t far behind, garnering $136.9 million in wagers.

Baseball, though less prominent, still contributed $1.1 million. Parlay bets, which allow bettors to combine multiple selections, also played a significant role, accounting for $169.8 million, while other sports drew in $59.8 million in bets.

Blue Chip Casino and FanDuel Leading the Pack

Blue Chip Casino and FanDuel were the best-performing operators. Together, they generated $12.4 million in revenue from a total betting handle of $176.3 million. Ameristar Casino and DraftKings, which were at the top in October, now follow closely behind, with $10.5 million in revenue from a higher betting handle of $190.5 million.

Belterra Casino, another establishment partnering with FanDuel, secured third place, earning $1.9 million in revenue from $38.1 million in bets. Indiana collected $2.9 million in taxes from sports betting for the month of November.

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